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forum thread Posted by Smyrhna about 1 year ago
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forum thread Posted by Smyrhna about 1 year ago

Costco.com: 1 oz Gold Bar Rand Refinery (New in Assay) - $1959.99

$1,959.99

$2,004

2% off
Costco Wholesale
19 Comments 6,986 Views
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$1,959.99$2,0042% off
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Deal Details
Costco.com has 1 oz Gold Bar Rand Refinery (New in Assay) on sale for $1959.99. Free Shipping & Handling

Bar Highlights:
1 oz 999.9 fine gold minted bar
South African-made by a LBMA Good Delivery Refiner
Arrives in a sealed black assay card
Individually stamped with a unique serial number
Rand Refinery is the largest integrated single-site precious metal refining and smelting complex in the world

Terms & Conditions
Item is NON-REFUNDABLE

Specifications
Edge Design: Smooth
Metal Weight: 1 Troy Ounce
Packaging Type: In Assay
Purity: 999.9 Pure Gold (24k)
Series: LOXODONTA

https://www.costco.com/.product.4...D=ios7.5.2
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco.com has 1 oz Gold Bar Rand Refinery (New in Assay) on sale for $1959.99. Free Shipping & Handling

Bar Highlights:
1 oz 999.9 fine gold minted bar
South African-made by a LBMA Good Delivery Refiner
Arrives in a sealed black assay card
Individually stamped with a unique serial number
Rand Refinery is the largest integrated single-site precious metal refining and smelting complex in the world

Terms & Conditions
Item is NON-REFUNDABLE

Specifications
Edge Design: Smooth
Metal Weight: 1 Troy Ounce
Packaging Type: In Assay
Purity: 999.9 Pure Gold (24k)
Series: LOXODONTA

https://www.costco.com/.product.4...D=ios7.5.2
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19 Comments

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about 1 year ago
446 Posts
Joined Nov 2015
about 1 year ago
hexa_code
about 1 year ago
446 Posts
Oh boy! Not again
about 1 year ago
4,227 Posts
Joined Dec 2005
about 1 year ago
mrmochi
about 1 year ago
4,227 Posts
Quote from hexa_code :
Oh boy! Not again
IMO this is a terrible deal. Rand isn't as prestigious as Pamp and the price is almost $50 over spot. Only proplspective 4% back might sweeten the pot.
2
about 1 year ago
5,841 Posts
Joined Jan 2011
about 1 year ago
mrdizle
about 1 year ago
5,841 Posts
If you're as discerning as me, you won't tolerate the 0.1 imperfection.
about 1 year ago
3,082 Posts
Joined Dec 2005
about 1 year ago
Mr. Sparkles
about 1 year ago
3,082 Posts
Quote from mrdizle :
If you're as discerning as me, you won't tolerate the 0.1 imperfection.
F'ing imperfectionists…
about 1 year ago
883 Posts
Joined Jul 2007
about 1 year ago
new_berlin
about 1 year ago
883 Posts
Quote from mrmochi :
IMO this is a terrible deal. Rand isn't as prestigious as Pamp and the price is almost $50 over spot. Only proplspective 4% back might sweeten the pot.
I thought citicostco visa only gives 2% back (except for gas 4%)
about 1 year ago
125 Posts
Joined Nov 2012
about 1 year ago
scifiguy123
about 1 year ago
125 Posts
Quote from new_berlin :
I thought citicostco visa only gives 2% back (except for gas 4%)

If you are an Executive Member you get 2% back also.
about 1 year ago
1,723 Posts
Joined Nov 2011
about 1 year ago
iHeartPriceMistakes
about 1 year ago
1,723 Posts
Fool's investment
1
2

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about 1 year ago
13,733 Posts
Joined Nov 2019
about 1 year ago
Lilyly
about 1 year ago
13,733 Posts
Quote from scifiguy123 :
If you are an Executive Member you get 2% back also.
so 4% for everything at costco?
about 1 year ago
70 Posts
Joined Oct 2022
about 1 year ago
NervousBoundary652
about 1 year ago
70 Posts
What's the point of buying physical gold bars... it's impractical to trade in a SHTF scenario, and bars don't gain collector value like coins. The only way to offload is to sell at below spot... so it's only a hedge if it suddenly gains value, but the world governments manipulate the value (thus is hasn't gone up like everything else with inflation), so what's the practical point? Serious question for those buying.
about 1 year ago
1,550 Posts
Joined Oct 2004
about 1 year ago
tenken
about 1 year ago
1,550 Posts
Quote from NervousBoundary652 :
What's the point of buying physical gold bars... it's impractical to trade in a SHTF scenario, and bars don't gain collector value like coins. The only way to offload is to sell at below spot... so it's only a hedge if it suddenly gains value, but the world governments manipulate the value (thus is hasn't gone up like everything else with inflation), so what's the practical point? Serious question for those buying.
probably pointless if you have USD, as long as it remains the world reserve currency. on the other hand if you were in say Venezuela, Turkey, Lebanon etc, having gold/silver/bitcoin would have prevented your wealth from disappearing
about 1 year ago
45 Posts
Joined Jun 2022
about 1 year ago
funride
about 1 year ago
45 Posts
in 4 2
1
about 1 year ago
70 Posts
Joined Oct 2022
about 1 year ago
NervousBoundary652
about 1 year ago
70 Posts
Quote from tenken :
probably pointless if you have USD, as long as it remains the world reserve currency. on the other hand if you were in say Venezuela, Turkey, Lebanon etc, having gold/silver/bitcoin would have prevented your wealth from disappearing
Valid, although don't countries like these generally seize and make illegal private gold ownership when things that that happen? (thinking about Mexico in the 90's... it's still illegal to take gold out of the country last I heard)
about 1 year ago
989 Posts
Joined Dec 2018
about 1 year ago
Falln2pieces
about 1 year ago
989 Posts
My favorite part of the whole buying gold cause "end of the world" stuff..... What do you think will be of more use if it was a total collapse of the economy, no electricity, no production of anything....... A gold bar or a couple cans of spam and a bottle of water? "But I can trade the gold for that".......lol, yeah, no. If currency is worthless, your dirty metal will also be worthless.
about 1 year ago
38,686 Posts
Joined Nov 2005
about 1 year ago
Dr. J
about 1 year ago
38,686 Posts
Quote from Lilyly :
so 4% for everything at costco?
Executive has a CB cap, the card does not.

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about 1 year ago
91 Posts
Joined May 2013
about 1 year ago
angryguywalking
about 1 year ago
91 Posts
Quote from Falln2pieces :
My favorite part of the whole buying gold cause "end of the world" stuff..... What do you think will be of more use if it was a total collapse of the economy, no electricity, no production of anything....... A gold bar or a couple cans of spam and a bottle of water? "But I can trade the gold for that".......lol, yeah, no. If currency is worthless, your dirty metal will also be worthless.
Exactly, you're better off buying firearms and bullets.